Performance of Public Sector Undertaking (PSU) in Nagaland and its Relevance to Restoring Fiscal Responsibility

Journal Title: International Journal of Humanities and Social Sciences - Year 2017, Vol 6, Issue 3

Abstract

The paper finds that the revival of public sector units and enhancing feasibility of power distribution companies are keys to sustaining fiscal responsibility. Effective steps should be taken by the Government to increase profitability in the Government Companies. The Government should identify the Companies/Corporations which are able with low financial but high socio-economic returns and analyse if high cost borrowings need to be invested in those Companies/Corporations. The general policy should be to gradually reduce financial and budgetary support to all the Public Sector Undertakings so as to make them stand on their own feet. The Government should not hesitate to close down the unviable sick PSUs. Restoring Balance Budget will necessitate bold and difficult reforms in government programs like ‘perform or perish’ and strict adherence to fiscal consolidation.

Authors and Affiliations

KELIIHOL TASE

Keywords

Related Articles

VISUAL PERSUASION- A CREATIVE ASPECT IN COMMUNICATION

Ever since the inception of art in prehistoric times, images have been an integral part of it. In today’s modern scenario, modes of advertising and communication have extensive use of images to persuade people for decisi...

Changing Pattern of Population and Density in Telangana State

Apart from a generalized discussion on the trends of population growth in Telangana during the post-Independence decades and its socioeconomic implications, this paper examines in some detail the s...

Identified Risk Factors with the Suicidal Farmers in Yavatmal District of Vidarbha and their Correlates

The present study was conducted in highly suicide hit Yavatmal districts of Vidarbha region of Maharashtra with exploratory design of social research. Total 60 victim’s households were interviewed from 58 villages of 16...

LEARNING INCUBATES FASHION: THE CASE OF THE KANDYAN KINGDOM OF SRI LANKA

Fashion, an essentially dynamic human activity, earns its survival by influencing others. There are assumed to be some theories behind influence in fashion, hence this research aims to find out the base of those influenc...

THE LIVELIHOOD RESOURCES, PRACTICES AND VALUES OF AETAS IN MID-BAYTAN, ZAMBALES, PHILIPPINES: IMPLICATIONS TO EDUCATION AND COMMUNITY DEVELOPMENT

The study describes the livelihood resources, practices and values of Aetas in mid-Baytan, Botolan, Zambales, located in Central Luzon, and Philippines. It aimed to provide a basis for an indigenous development program a...

Download PDF file
  • EP ID EP251386
  • DOI -
  • Views 124
  • Downloads 0

How To Cite

KELIIHOL TASE (2017). Performance of Public Sector Undertaking (PSU) in Nagaland and its Relevance to Restoring Fiscal Responsibility. International Journal of Humanities and Social Sciences, 6(3), 39-46. https://europub.co.uk/articles/-A-251386